Invest AD to launch new $400 mln fund

From Tradearabia.com: Abu Dhabi government-owned investment vehicle Invest AD aims to raise $400 million in a new private equity fund by mid-2011, a senior executive said on Monday.
Invest AD aims to complete a first closing of the fund by the end of this year for $175 million, including $75 million of its own seed capital, said Samir Assaad, head of private equity……………………………………….Full Article: Source